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The latest on Australian Visas and immigration

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Changes to Significant Investor Visa Program

As of July 1 2015, certain changes to the Significant Investor Visa (SIV) stream of the Business Innovation and Investment (Provisional) visa (subclass 188) that were announced in October 2014 have come into effect. It is useful firstly to outline what has stayed the same and hasn’t changed in relation…

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New Law to Target Foreign Ownership in Australia

A new law to be bought in during the Federal Parliament’s next sitting period would seek to close existing loopholes that currently allow the illegal purchase of existing properties in Australia by foreign nationals. This comes off the back of a National Australia Bank survey of 300 people in the…

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Attention Investors – New Premium Investor Visa Announced

On 14 October 2014, the Australian Government released the findings of a review into the Business Innovation and Investment Programme, which covers the Business Innovation and Investment (Provisional) visa (subclass 188). Already containing three streams (Business Innovation, Investor, and Significant Investor), the subclass 188 visa is designed to cater for…

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Potential Visa Law Reforms Confirm Morrison Means Business

A recent article by Jennifer Hewett in the Financial Review published on May 20, 2014 explains Immigration Minister, Scott Morrison’s reaction to opinions that business and investment visas are turning into ‘open slathers’. Reviews are underway to expand the flexibility and responsiveness of Australian’s entire system of work and residency…

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Are you applying for a Business Innovation and Investment Visa (sc 188)? Read This!

If you are thinking about applying for a Business Innovation and Investment (Provisional) visa (subclass 188), or if you are a temporary resident in Australia, you need to be aware of Australia’s foreign investment policy when it comes to buying residential real-estate. What is the foreign investment policy? All temporary…

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Considering Australia’s Significant Investor Visa? Here is what you need to know!

The Business Innovation and Investment program is for migrants who have demonstrated experience and success in business or investment. The program attracts prominent business people and investors from across the globe and increase economic growth and innovation in Australia. For more information about how to apply and the flexible options…

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Significant Investor Visa 188/888

Since the Minister for Immigration and Citizenship, Chris Bowen MP announced the opening of the Significant Investor visa in November 2012 it has been discussed amongst business circles and signs to date are that this new stream has been received with very positive remarks. Whilst Ferguson Cannon Lawyers assists with…

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Queensland Announce Significant Investor Stream 188 Visa Criteria

This information should also be read in conjunction with our previous blog on the Significant Investor Visa. Steven Koch, Executive Director of the Skills and Employment of the Department of Education, Training and Employment (DETE) has provided further information about the eligibility criteria for applicants looking to apply for a…

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Significant Investor Visa – How it works

The Australian Government has recently announced eagerly awaited information on how the new significant investor visa will work. It is expected the visa will commence on the 24 November 2012. The Department of Immigration and Citizenship have provided the following guidelines; The significant investor visa will be part of the…

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